Emerging Trends Influencing The Growth Of The Point-of-Sale Terminals Market:Increasing BharatPe Launches BharatPeSwipe Android PoS Terminal for Enhanced Payment Flexibility

The Point-of-Sale Terminals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Point-of-Sale Terminals Market Size Expected to Be by 2034?
The market size of point-of-sale terminals has recently seen robust growth. There is an estimated growth from $99.99 billion in 2024 to $107.16 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. Factors contributing to this historic growth include the adoption of digital payments, meeting regulatory compliance, mobile and wireless connectivity, shifting consumer patterns and convenience, integration into small businesses, and broadening into different industries.

The market for point-of-sale terminals is projected to experience a significant increase in the coming years, rising to $169.69 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 12.2%. Factors such as swift advancements in digital technology, acceptance of contactless payments, implementation of mobile pos systems, and integration with e-commerce contribute to this growth. Key trends during the forecast period encompass solutions for contactless payments, unified channel integration, mobile pos (MPOS) systems, improved security protocols, adoption of cloud-based pos systems, and breakthroughs in technology.

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What Are the Emerging Segments Within the Point-of-Sale Terminals Market?
The point-of-sale terminals market covered in this report is segmented -

1) By Product: Mobile, Fixed
2) By Component: Hardware, Software, Service
3) By Technology: Biometric, Traditional
4) By Operating System: Windows, Linux, MAC
5) By Application : Restaurants, Hospitality, Healthcare, Retail, Warehouse, Entertainment, Other Applications

Subsegments:
1) By Mobile: Handheld POS Devices, Tablet-Based POS Systems, Smartphone-Based POS Systems
2) By Fixed: Countertop POS Terminals, Self-Service Kiosks, PIN Pad Devices

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What Long-Term Drivers Are Shaping Point-of-Sale Terminals Market Trends?
The point-of-sale terminal market is anticipated to expand due to rising demand for cashless and contactless payment methods. These kinds of payments are performed without physical cash and use computerized systems as the alternative for cash registers. Point of sale terminals facilitate this by accepting card payments. As an example, the India Brand Equity Foundation, an export promotion agency of the Indian government, reported that in June 2022, contactless transactions constituted 25% of all supermarket transactions in 2020, and this increased to 31% by 2022. As a result, the growth in demand for cashless and contactless payments is propelling the point-of-sale terminal market's expansion.

Who Are the Top Competitors in Key Point-of-Sale Terminals Market Segments?
Major companies operating in the point-of-sale terminals market include Samsung Electronics Co. Ltd., NEC Corporation, Panasonic Corporation, Toshiba Corporation, VeriFone Systems Inc., Qashier PTE Ltd., Newland Payment Technology, GK Software SE, PAX Technology Limited, iMetrics Pte Ltd, Acrelec Group SAS, AURES Technologies SA, NCR Corporation, Presto Group LLC, Qu Inc., Quail Digital Limited, Revel Systems Inc., Toast Inc., TouchBistro Inc., Xenial Inc., Posist Technologies Private Limited, Ingenico Group S. A., BBPOS Limited, Honeywell International Inc.

What Point-of-Sale Terminals Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the point-of-sale terminals industry are spearheading innovative enhancements like Android POS terminals to improve transactional efficiency and client interfaces. Android point-of-sale (PoS) terminals, electronic gadgets that operate on the Android OS, are being utilized by businesses to conduct sales transactions. For example, BharatPe, a fintech organization from India, introduced BharatPeSwipe Android in August 2023. BharatPeSwipe Android, an android point-of-sale (PoS) terminal, has been designed to handle an array of payment options such as debit/credit cards, UPI, mobile wallets, and QR codes. The terminal, functioning on Android 10, offers an easy-to-use interface. The device's durable battery supports quick charging. Merchants are able to accept payments via dynamic QR codes created on the machine and have the capability to print physical receipts for these interactions.

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Which Regions Are Becoming Hubs for Point-of-Sale Terminals Market Innovation?
Asia-Pacific was the largest region in the point-of-sale terminals market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the point-of-sale terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Point-of-Sale Terminals Market?
2. What is the CAGR expected in the Point-of-Sale Terminals Market?
3. What Are the Key Innovations Transforming the Point-of-Sale Terminals Industry?
4. Which Region Is Leading the Point-of-Sale Terminals Market?

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